Total Energies sign 15-year green hydrogen deal

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Total Energies sign 15-year green hydrogen deal

TotalEnergies and Air Products have signed a 15-year agreement for the annual supply in Europe of 70 000 tonnes of green hydrogen, starting in 2030. 

This first long-term deal follows TotalEnergies’ call for tenders for the supply of 500 000 tonnes per year of green hydrogen to decarbonise TotalEnergies’ European refineries.

Under the agreement, Air Products will deliver at TotalEnergies’ Northern European refineries’ doorstep green hydrogen from Air Products’ global supply network. 

This hydrogen will avoid around 700 000 tonnes of CO2 each year. 

The contract awarded to Air Products is a first step towards achieving TotalEnergies’ objective of reducing net greenhouse gas emissions from its operated oil and gas operations by 40% by 2030, compared to 2015 levels.

Air Products, worldwide leader in terms of hydrogen supply, has been a first mover, committing more than US$15 billion dollars to real, large-scale energy transition projects, and launching several large low carbon hydrogen projects in the world, making it a leading and reliable supplier.

“Once again, we demonstrate our capacity to pioneer the energy transition and contribute to the emergence of a green hydrogen industry by offering long-term contracts with our six refineries and two biorefineries in Europe. We are also happy to extend our partnership with Air Products by becoming ourselves a supplier of green power to Air Products, and contributing to Air Products’ own decarbonisation roadmap,” said Patrick Pouyanné, chairman and CEO of TotalEnergies.

“Today, one of the largest energy companies in the world has committed to use renewable hydrogen to decarbonise its refineries in Northern Europe – and we, at Air Products, are honoured and proud to be the producer and supplier of the green hydrogen required,” said Air Products’ chairman, president and CEO Seifi Ghasemi. 

At the same time, TotalEnergies and Air Products have signed a memorandum of understanding for the supply of renewable power, which entails the signing of a first Power Purchase Agreement (PPA) for 150 MW produced at a solar project in Texas. The parties also plan to explore together further PPA opportunities in the UK, Poland and France.